Sapphire Foods Reports Loss, Revenue Increases in June Quarter

Sapphire Foods, which runs KFC and Pizza Hut, lost money in the June quarter, about ₹1.73 crore.

However, they made more money overall, with revenue going up to ₹776.82 crore.

They spent more money too.

The company opened new restaurants, including in Sri Lanka.

Although KFC's sales in existing stores stayed the same, Pizza Hut sales decreased a little.

But, the business in Sri Lanka did very well with growing sales.